Veterans Land Board
800-252-VETS (8387)

VLB Home Improvement Loans

Home Improvement Loan base rate  %; discounted rate  %

The VLB helps Veterans, military members and their spouses buy homes and then help pay to improve it through the Texas Veterans Home Improvement Program (VHIP).

This program was introduced in 1986 to provide below-market interest rate loans to qualified Texas Veterans for home repairs and improvement to their existing homes.

The VLB offers up to $25,000.00 for a 20-year loan or up to $10,000.00 for a 10-year loan. Veterans with a VA service-connected disability rating of 30% or greater qualify for a discounted interest rate.

No down-payment is required, however, the program does require the following:

  • $10 flood certification fee, required at time of application
  • $125 title search fee, required at time of application
  • Closing costs

*Discounts may apply for Veterans with service-connected disability of 30% or greater
*Some improvements may not be eligible – Learn More

Note: All VLB interest rates and available discounts are subject to change at anytime. VLB Base Rate is subject to adjustments on the first business day of each week. All loans are subject to credit approval.


VLB Home Improvement Loans are insured by the Federal Housing Administration (FHA). To qualify, the following requirements must be met:

  • The home being repaired must be wholly located in the state of Texas.
  • The home must be the applicant’s primary residence.
  • Single family dwellings, condominiums, duplexes, triplexes and four-plexes are eligible. Duplexes, triplexes and four-plexes must be at least 5 years old. Modular or manufactured homes that are on a permanent foundation and are part of the real estate (real property) may also be eligible, but the final decision on these types of loans will be determined by the VLB.
  • The VLB must be in first or second lien position.
  • The borrower cannot advance funds to the contractor or purchase material prior to receipt of the loan proceeds from VLB. Loan proceeds will be available on the fourth business day after closing.
  • The borrower must secure a general contractor. VLB home improvement loans are FHA Title I insured loans, which require a valid lien in favor of the VLB against the property. This type of lien cannot be created without a general contractor


It’s possible for a veteran to have one active loan in each program — land, home, and home improvement- at the same time. Once a Veteran, or his or her successor, has successfully paid off a VLB home improvement loan s/he may obtain another VLB home improvement loan. The same applies to our land and housing program. All VLB programs are self-funded, using no public taxpayer funding. VLB programs are financed with bonds, which are serviced by loan payments from Veteran participants.


A VLB home improvement loan can be used for alterations, repairs and improvements that are eligible for financing under the Department of Housing & Urban Develop (HUD) federal Housing Administration (FHA) Title I Loan Program.

All work and/or construction must be in compliance with the applicable building codes and standards. The VLB home improvement loan can only be used to make repairs and improvements to the Veterans existing primary residence. Visit the forms section of our website for a detailed listing of eligible and ineligible home improvements.


To be eligible for VLB programs, Veterans, military members and their spouses must be:

  • At least 18 years of age
  • A bona fide and legal resident of Texas on the date of application and meet one of the following service criteria:
    • An active duty military member
    • A member of the Texas National Guard
    • A reserve component military member having completed 20 qualifying years for retirement
    • A Veteran having served at least 90 active duty days unless discharged sooner due to service connected disability and not discharged dishonorably
    • A surviving spouse of a Veteran listed as missing in action or whose death was service connected

Military Service Documents

SCRA Assistance

The VLB provides the best benefits package in the nation exclusively for Texas Veterans, military members and their families.